Industry · municipality
China/Glassware Store Industry in Vennesla: A Comprehensive Analysis
Economic Overview, Companies, and Outlook for Founders and Local Decision-Makers in Vennesla, Norway
Executive Summary
China/glassware store industry in Vennesla is a small but dynamic sector with a single active company: Kitch'n Vennesla. The company was founded in 2022 and operates in Vennesla Atrium. The industry shows both strengths and challenges, with a strong increase in sales and employees in 2023–2024, followed by a decline in 2025. An EBITDA margin of 7% and a high gross profit margin of 5722% indicate potential, but vulnerability in relation to market fluctuations.
Key figures in 2024: Sales of 8.3 million NOK, 8 employees, EBITDA of 684,600 NOK. The company has no bankruptcy registrations, but shows a weakness in 2025 with a decline in both sales and employees.
Economic Overview
The industry has been marked by strong growth trends in 2023–2024, but has since experienced a decline in 2025. The figures show:
- Sales: Increased from 0 NOK in 2016–2022 to 8.3 million NOK in 2024, but fell to 6.3 million NOK in 2025.
- Employees: Increased from 0 to 8 in 2024, but fell to 4 in 2026.
- EBITDA: Increasing from 2022 to 2024 (684,600 NOK), but not available for 2025.
Yearly development: Sales had an extreme growth of +775.2% from 2022 to 2023, but fell by -23.8% in 2025. Employees had an increase of +60% from 2023 to 2024, but fell by -20% from 2025 to 2026.
Conclusion: The industry has high variability, but shows potential for growth during periods of increased consumption in the sector.
Companies in the Industry
There is one company registered in the industry in Vennesla:
| Name | Address | Organizational Form | Employees | Sales (2024) | EBITDA (2024) |
|---|---|---|---|---|---|
| Kitch'n Vennesla | Sentrumsvegen 63, Vennesla | AS | 5 | 8.3 M NOK | 684,600 NOK |
Organizational Form: 100% AS structure. The company has no bankruptcy registrations, but shows a weakness in 2025 with a decline in both sales and employees.
Recommendation: For founders, the AS structure can be an advantage for tax optimization, but it is important to consider the risk of market fluctuations.
Business Geography
All activities in the industry are concentrated in Vennesla, especially in Vennesla Atrium. There is one company registered in the municipality, and there is no activity in other city districts or municipalities.
Geographic advantage: The Atrium is a central commercial area in Vennesla, which can provide an advantage for access to customers and business partners. This is an important factor for founders considering establishing themselves in the industry.
Business Dynamism
The industry has been marked by strong growth trends, but also shows instability in relation to market fluctuations:
- Bankruptcies: No registered bankruptcies in the industry in Vennesla.
- Sales development: Extreme growth from 2022 to 2023 (+775.2%), but fell by -23.8% in 2025.
- Employees: Increasing from 2023 to 2024 (+60%), but fell by -20% from 2025 to 2026.
Analysis: The industry has high variability, but shows potential for growth during periods of increased consumption in the sector. This can be a challenge for founders seeking stability.
Outlook
Outlook for Founders
The industry has growth potential, especially during periods of increased consumption in the sector. The figures show that Kitch'n Vennesla has a high EBITDA margin of 7% and a high gross profit margin of 5722%, which indicates efficient operations.
Advantages: Central location in Vennesla Atrium, high EBITDA margin, and a relatively low competitive solution.
Disadvantages: Unstable sales and employees, as well as risk of market fluctuations.
Recommendation: Founders should consider establishing themselves in Vennesla Atrium, but must be prepared for market fluctuations and focus on efficient operations to ensure stability.
Outlook for the Conference Center Sector
The conference center sector in Vennesla is a broader grouping with 18 companies, compared to 1 company in the china/glassware store industry. The figures show:
- Sales: Increased from 119.1 million NOK in 2016 to 153.7 million NOK in 2022, but fell by -48.3% in 2025.
- Employees: Increased from 91 in 2016 to 87 in 2023, but fell to 78 in 2026.
Peer companies: Examples of companies in the conference center sector include Europris Vennesla (sales: 36.2 M NOK, EBITDA: 3.9 M NOK) and Øvrebø Kassefabrikk As (sales: 38.8 M NOK, EBITDA: 1.7 M NOK). These companies operate in different sub-sectors, but show a higher scale than the china/glassware store industry.
Conclusion: The conference center sector has a higher scale and more stable development, but the china/glassware store industry has growth potential in specific market segments.
Other companies in konferansesenter (not in china/glassware store)
| Company | Industry | Address | Sales | Employees | EBITDA |
|---|---|---|---|---|---|
| Europris Vennesla | mixed home goods store | Sentrumsvegen 63, 4700 Vennesla | NOK 36.2M | 16 | NOK 3.9M |
| Øvrebø Kassefabrikk As | building supplies store | Øvrebø Industriområde 15, 4715 | NOK 38.8M | 15 | NOK 1.7M |
| Sentrum Jern Og Farge Drift As | building supplies store | Sentrumsvegen 17, 4700 Vennesla | NOK 13.6M | 8 | NOK 1.0M |
| Kvarstein Drift As | garden supplies store | Venneslavegen 117, 4708 | NOK 15.1M | 12 | NOK 996.0K |
| Mester Grønn Atrium Senter | garden supplies store | Sentrumsvegen 63, 4700 Vennesla | NOK 7.3M | 10 | NOK 291.6K |
| Campe As | non-electrical household articles store | Nesvegen 10, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Favør Holding As | non-electrical household articles store | Nesvegen 10, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Kastanjehagen As | building supplies store | Egelandsaa 13, 4707 Vennesla | NOK 0 | 13 | NOK 0 |
| Kastanjehagen Drift As | building supplies store | Egelandsaa 13, 4707 Vennesla | NOK 0 | 0 | NOK 0 |
| Kulør Vennesla As Konkursbo | building supplies store | Sentrumsvegen 6, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Meierigården Blomster Ans | garden supplies store | Sentrumsvegen 82, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Miriam Wennerberg Vill Vest Blomster | garden supplies store | c/o Miriam Wennerberg|Brandekleiv 8B, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Modena Fliser As Avd Vennesla | building supplies store | Hunsfos Næringspark, 4700 Vennesla | NOK 0 | 3 | NOK 0 |
| Qb Møbler As | furniture store | Nesvegen 10, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Qb Møbler As | furniture store | Nesvegen 10, 4700 Vennesla | NOK 0 | 0 | NOK 0 |
| Tidløs Gave Og Interiør As | non-electrical household articles store | Venneslavegen 298, 4707 | NOK 0 | 0 | NOK 0 |
| Markens Blomster As | garden supplies store | Samkomheia 6, 4707 Vennesla | NOK 2.5M | 0 | NOK -167.0K |
Conclusion
The china/glassware store industry in Vennesla is a small, but dynamic sector with growth potential. Kitch'n Vennesla shows strong economic results, but the industry is marked by instability in relation to market fluctuations. Founders should consider establishing themselves in Vennesla Atrium, but must be prepared for challenges related to sales variability and competition.
Recommendation: SmartGrunder can help founders explore addresses in Vennesla for this industry, with a focus on natural advantageous locations and market development.